Tag Archives: Apple

Financial Daily Dose 8.12.2019 | Top Story: Saudio Aramco Releases Financial Ahead of Planned IPO

BY: Michael D. Reif | August 12, 2019

Saudi Aramco’s mega IPO plans are back on, and while valuation and other stumbling blocks remain, the kingdom is hoping to raise billions via the public offering as early as next year – WSJ and Bloomberg Russian authorities are opening an antitrust probe into Apple’s recent moves restricting and removing parental control apps from its … Continue reading

Financial Daily Dose 7.31.2019 | Top Story: Fed Likely to Cut Interest Rates

BY: Michael D. Reif | July 31, 2019

At this point, pretty much everyone on Wall Street is expecting the Fed to cut interest rates as its FOMC meeting breaks later today. Some thoughts on what’s likely to happen and how the Street could react to the news – MarketWatch and NYTimes and WSJ and Bloomberg Even as trade talks between the US … Continue reading

Financial Daily Dose 7.23.2019 | Top Story: Apple to Buy Intel’s Smartphone Modem Chip Division

BY: Michael D. Reif | July 23, 2019

Apple is in “advanced talks” to snap up Intel’s smartphone-modem chip business, a portfolio “of patents and staff valued at $1 billion or more.” The deal, should it close, would go far in prepping Apple for the arrival of next gen 5G wireless technology – WSJ and MarketWatch and Bloomberg With a cool billion from … Continue reading

Financial Daily Dose 7.2.2019 | Top Story: OPEC Nations Cut Production into 2020

BY: Michael D. Reif | July 2, 2019

OPEC nations met yesterday and agreed to continue their production cutting goals into 2020 in an effort to, according to the experts, “prop[] up prices while demand for oil is weakening” – NYTimes and Bloomberg Beverage giant AB InBev is launching a massive Hong Kong-based IPO for its Asia Pacific beer unit that’s expected to … Continue reading

Financial Daily Dose 6.12.2019 | Top Story: State AGs take aim at Sprint/T-Mobile merger with antitrust suit

BY: Michael D. Reif | June 12, 2019

Sprint and T-Mobile are facing new merger headwinds in the form of a NY & CA state AG-led lawsuit in the Southern District of New York that seeks to block the deal, alleging that it would cost customers of the companies “at least $4.5 billion a year” – NYTimes and WSJ and Law360 The good … Continue reading

Financial Daily Dose 6.5.2019 | Top Story: SEC Votes Today on New Broker Conduct Standards

BY: Michael D. Reif | June 5, 2019

The SEC will vote today on what it’s calling Regulation Best Interest, “which says brokers can’t put their own paychecks ahead of a customer’s needs”—the more-industry-acceptable revision of an Obama-era fiduciary duty rule for advisors that has since died a slow death. Still left unclear under the new plan, however, is “whether it would disrupt … Continue reading

Financial Daily Dose 6.4.2019 | Top Story: DOJ, FTC, and Congress Set to Investigate Big Tech

BY: Michael D. Reif | June 4, 2019

Much more on the suddenly hot topic of Big Tech antitrust oversight, including a negotiated agreement among regulators that will see the DOJ handling Apple and Google while the Federal Trade Commission will take on Facebook and Amazon. Separately, the House Judiciary Committee is taking up its own probe of the tech industry giants – … Continue reading

Financial Daily Dose 6.3.2019 | Top Story: DOJ Mulling Google Antitrust Action

BY: Michael D. Reif | June 3, 2019

The DOJ is considering joining its European counterparts in targeting Google for potential antitrust violations focused on Google’s “advertising practices and influence in the online advertising industry,” possibly including the company’s search practices – NYTimes and  WSJ and Bloomberg Such a probe would be consistent with a marked shift in Washington’s thoughts on Big Tech—from … Continue reading

Your Daily Dose of Financial News

BY: Michael D. Reif | May 1, 2019

Zuck and Co. are launching a major platform redesign as Facebook attempts to move beyond years of privacy-related scandals and promote group-based communications rather than the public-square newsfeed – NYTimes and WSJ and MarketWatch and Bloomberg The latest on the White House’s Fed Board pick Stephen Moore’s chances to join the central bank, a less-than-certain … Continue reading

Your Daily Dose of Financial News

BY: Michael D. Reif | April 15, 2019

A quick check-in with Fed Chair Powell, the man trying to help keep the US economy humming—a hard enough job as it is, but one made much tougher by a White House that hasn’t been shy about voicing its near-constant displeasure – NYTimes and WSJ Part of the non-political difficulty for Chair Powell? A rise … Continue reading